price support
noun
: artificial maintenance of prices (as of a raw material) at some predetermined level usually through government action
Examples of price support in a Sentence
Recent Examples on the Web
This focus on compliance is critical for OPEC+ cohesion, as overproduction has historically strained group dynamics and undermined price support efforts.
—
David Blackmon, Forbes.com, 3 Apr. 2025
While shares of Royal Caribbean Cruises (RCL) are currently down about 22% off their January peak, this cruise line is now testing key price support and could be setting up for a decent recovery trade.
—David Keller, CNBC, 20 Mar. 2025
The earnings miss pushed BTI down about 13% to its 50-day moving average, which once again held as key price support.
—David Keller, CNBC, 4 Mar. 2025
Then, in 1981 and 1982, coinciding with substantial increases to corn subsidies, Reagan signed proclamations that raised the price supports and heightened import tariff rate quotas on foreign sugar.
—Mark Dent, thehustle.co, 10 Jan. 2025
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David Blackmon, Forbes.com, 3 Apr. 2025
While shares of Royal Caribbean Cruises (RCL) are currently down about 22% off their January peak, this cruise line is now testing key price support and could be setting up for a decent recovery trade.
—David Keller, CNBC, 20 Mar. 2025
The earnings miss pushed BTI down about 13% to its 50-day moving average, which once again held as key price support.
—David Keller, CNBC, 4 Mar. 2025
Then, in 1981 and 1982, coinciding with substantial increases to corn subsidies, Reagan signed proclamations that raised the price supports and heightened import tariff rate quotas on foreign sugar.
—Mark Dent, thehustle.co, 10 Jan. 2025
See All Example Sentences for price support
Cite this Entry
“Price support.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/price%20support. Accessed 21 Apr. 2025.
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